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Search results for “star-rating”
Shakeup ahead for China’s glutted luxury hotel market
01/16/2015
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8:48:09 AM
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Luxury hotels in China are bracing for fierce competition as supply soars - the glutted market had a total of 800 five-star hotels in 2014.
Starwood Hotels pushes into Greater China with 20 new hotels
02/28/2015
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9:50:29 AM
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Starwood Hotels plans to open 20 hotels in greater China in 2015, including two luxury hotels, 12 high-end hotels, and six select boutique hotels.
China’s hotels register 58.31% AOR in Q3
12/30/2014
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5:24:39 PM
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China’s star-rated hotels had total revenues of RMB54.816 billion at average occupancy rate (AOR) of 58.31% in Q3 of 2014.
Luxury hotel expansion filters down to second-tier cities amid market slowdown
02/03/2015
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11:36:17 AM
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Increasing globalization and economic prosperity in second-tier cities Chengdu and Wuhan has spurred demand for luxury services, especially hotels.
Royal Caribbean ushers in China era with Quantum of the Seas launch
02/11/2015
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5:23:17 PM
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Royal Caribbean will launch the Quantum of the Seas liner to mark its 2015 China investment plan, and management has dubbed this year the ‘Quantum Year’.
Beijing’s tourism industry leads 2014 rankings
12/19/2014
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10:30:01 AM
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Forbes China shortlisted 100 cities with the highest tourism revenues for its list and used six weighted indexes for the ranking.
China moves toward travel and tourism maturity
12/11/2014
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9:53:55 PM
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Travel is becoming a "human right" and not just a "human need". For both the wealthy and the middle class, travel is by far the preferred leisure pursuit. The rapid development of the luxury market in China and Asia is sending ripples through the entire industry.
New hotel openings accelerated in October
11/14/2014
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1:25:54 PM
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Eighteen new hotels went operational in China this October, of which 16 are 5-star hotels and two are three-star properties, boosting the country’s hotel room inventory by 5,139 rooms.
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